A quiet bedroom community in Worcester County, the town of Oakham is a small town with a population of approximately 1,900 residents. However, that number is typically higher in the summers due to the ample opportunities that Oakham offers for recreation. These include two campgrounds, an eighteen hole golf course, and a converted rail line now used as a trail for walking and biking. In addition, the historic Coldbrook Springs Village has been converted into a scenic byway.
Route 122 and Route 148 travel through Oakham. Oakham is bordered by the towns of Barre, Rutland, Paxton, Spencer, North Brookfield, and New Braintree.